Sentences with phrase «average household debt»

Take, for example, the reported $ 117 billion increase in average household debt in the final three months of 2014.
he general trend was for average household debt to move in the opposite direction of the interest rate,» Statscan noted.
Statistics Canada reports that between 1984 an 2009, real average household debt (that is, adjusted for inflation) more than doubled.
The lack of credit card debt helped boost the profile of several states, with six in the top 10 boasting average household debt balances below the national average of $ 5,116.
It's an unfortunate fact that debt is a way of life in the U.S, with $ 137,063 average household debt in 2016.
«The general trend was for average household debt to move in the opposite direction of the interest rate,» Statscan noted.
The average household debt in the U.S. is about $ 117,000, according to the findings, while the average savings account balance for those who are managing to save is $ 3,800.
The federal government's mortgage - tightening efforts will cool the market further, and borrowing costs will rise at some point, slowing demand in a country where the average household debt is already more than 150 % of income.
Statistics Canada in March reported that the country's average household debt - to - income ratio hit a record - high 167.3 per cent.
In the United States, the average household debt ballooned by nearly 8 % in 2017, and the numbers continue to rise among all age groups.
One has to wonder if the projections are overly ambitious considering the average household debt load in Canada, including mortgage, credit card, line of credit and loan debt, is $ 112,329.
According to data from the Federal Reserve, the average household debt in the US has risen to $ 75,600.
Despite the fact that the median household income continues to decline (now it's less than $ 50,000 a year), the average household debt continues to rise.
The average household debt for Americans is steadily on the rise, so keeping your balance low is more important than ever.
With the average household debt in the UK being # 13,520 and growing, and with 100,000 people each year declaring bankruptcy, an open dialogue about debt and debt management solutions is increasingly important.
The Federal Reserve says that the average household debt is up to $ 132,529 (including mortgages) a jump of 11 % in the past decade.
In an article titled «2016 American Household Credit Card Debt Study,» The Nerd Wallet cites an increase of over 11 % in average household debt with just 1 % increase in average household income since 2002.
a b c d e f g h i j k l m n o p q r s t u v w x y z